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Stock Market & Financial Investment News

News Breaks
February 12, 2013
17:16 EDTIAGIAMGOLD acquires additional shares in Eagle Mountain
IAMGOLD announced that it has indirectly received, through its 95% owned subsidiary, 3,236,246 common shares of Eagle Mountain Gold, or EMGC, formerly Stronghold Metals. The shares were received, on a prospectus exempt basis, as consideration under an earn-in agreement with EMGC for the remaining 50% interest in the Eagle Mountain exploration concession in Guyana. IAMGOLD now indirectly owns, through its 95% owned subsidiary, 5,536,246 common shares of EMGC, or approximately 14.93% of the outstanding common shares. The common shares of EMGC indirectly acquired today by IAMGOLD were acquired for investment purposes. IAMGOLD does not have any present intention to acquire, indirectly or directly, ownership of, or control or direction over additional securities of EMGC. It is the intention of IAMGOLD to evaluate its investment in EMGC on a continuing basis and such holdings may be, indirectly or directly, increased or decreased in the future.
News For IAG From The Last 14 Days
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November 18, 2014
15:59 EDTIAGIAMGOLD downgraded to Underperform from Neutral at Macquarie
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November 14, 2014
10:00 EDTIAGOn The Fly: Analyst Upgrade Summary
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05:34 EDTIAGIAMGOLD upgraded to Overweight from Neutral at HSBC
HSBC upgraded IAMGOLD to Overweight citing valuation and expectations for gold prices to gradually rise over the next year. The firm lowered its price target for shares to $2.40 from $2.70.
November 12, 2014
17:13 EDTIAGIAMGOLD narrows FY14 gold production guidance to 835K-850K ounces
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17:09 EDTIAGIAMGOLD reports Q3 adjusted EPS 0c, consensus 4c
Reports Q3 revenue $341.5M, consensus $324.58M.
November 10, 2014
17:08 EDTIAGIAMGOLD reduces executive team by 40%, takes further cost cutting measures
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